Listening

You need to prepare, listen and engage.-Charlie Rose I’ve met a lot of incredibly successful, accomplished and well-known people. In some cases, I’ve even worked with them. This is one of the huge perks of working with Ron Conway, who I put in this bucket. (Incidentally, this sounds like a nested humblebrag but just because …

Cheap Data

I went to a tech talk last night called “Genomics at Web Scale.” at Counsyl. [SV Angel is an investor in Counsyl.] The following is above my pay grade to critique but here goes. There’s a strain of thought in computer science that “data beats algorithms.” That is, having more data is better than having …

What is the business model of SV Angel?

My answer to that Quora question reprinted here: SV Angel invests in and advises startups. We make money when these startups have a “liquidity event,” which is historically an acquisition or public offering. We invest other people’s money. We invest our own money too–this is called a “capital contribution”, which is required of most funds. …

Warren Buffett’s Definition of Investing

From the Berkshire Hathaway 2011 Letter to Shareholders: with my edits. Read the whole thing here: (link) Investing is often described as the process of laying out money now in the expectation of receiving more money in the future. At Berkshire we take a more demanding approach, defining investing as the transfer toothers of purchasing …